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08:52
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Originally posted by SunderlandTech:
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A tesla model 3 uses 130 lbs of copper, which at a price of $US4 per lb costs about US$500 per car. A new base model tesla 3 costs about US$40000. So copper is 1.25% of the cost of a tesla model 3.
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Yes I see. So it comes down to copper content as a proportion of total capital or production costs as a determining factor of demand.
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